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Jan 27, 2013
01/13
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a perennial all-star in davos. richard, give our viewers a look at what this place, davos, and the world economic forum is really like. where in the world are we? davos is europe's highest city, located in the eastern part of switzerland in the alps. most of us flew into zurich and then took three trains to get here. it is, however, a really beautiful place, known for great skiing and upscale hotels. it's also really expensive in january. i've been eating pizza all too much this week, 25 bucks for a little pita, $13 for a pint of beer here in this town. it's costly. >> laundry, three shirts, four pairs of small, and a few socks, about $100. >> yeah. it's very expensive. >>st unbelievable. >> you've got the top 1% of the 1% who are here. but mixed in you have great business people, entrepreneurs, academics and intellectuals. they've all come around to some ideas. >> and they have, and they've all got a point to make. howard ludnick, for example, the head of cantor fitzgerald. everybody's worried about europe. ludnic
a perennial all-star in davos. richard, give our viewers a look at what this place, davos, and the world economic forum is really like. where in the world are we? davos is europe's highest city, located in the eastern part of switzerland in the alps. most of us flew into zurich and then took three trains to get here. it is, however, a really beautiful place, known for great skiing and upscale hotels. it's also really expensive in january. i've been eating pizza all too much this week, 25 bucks...
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Jan 25, 2013
01/13
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> the british prime minister defends his criticism of eu integration at the world economic forum in davos. >> gender equality in the united states -- the pentagon lifts its ban on women in front line and combat roles. >> on the chopping block, germany's second-largest bank plans to fire up to 10% of its work force. the european union is at a crossroads, and the british prime minister, david cameron, says if the blockheads towards the centralized political union, then it is not for him and not for britain. >> german chancellor angela merkel has chosen her words very carefully, responding at the world economic forum in davos by voicing conditional optimism as far as europe's future goes. she says that patience is needed for structural reforms to take effect. >> she has also called for more regulation of the finance industry to avoid more turbulence, a point of contention with britain. both agree that competitiveness is the key, but how to go about that is the big question. >> david cameron brought his message with him to the swiss alps. in his address to the world leaders in doubles, he rep
> the british prime minister defends his criticism of eu integration at the world economic forum in davos. >> gender equality in the united states -- the pentagon lifts its ban on women in front line and combat roles. >> on the chopping block, germany's second-largest bank plans to fire up to 10% of its work force. the european union is at a crossroads, and the british prime minister, david cameron, says if the blockheads towards the centralized political union, then it is not...
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well still to come david cameron says he's not turning his back on europe speaking at the davos economic forum britain's prime minister rushes to calm the storm after you promised a referendum on whether the u.k. should leave the e.u. details after the break. wealthy british style. time to rise. markets why not going to. find out what's really happening to the global economy with my stronger for a no holds barred look at the global financial headlines tune into kinds a report on our. choose your language. of choice week over the influential senators today still some of. the fumes that consensus you can. choose to give to us that invigorating to. choose to stories that impact your life choose the access to to off. thanks for staying with us here on r t sixteen minutes past the hour now at least one person has been killed in jordan is furious supporters of the islamist opposition clashed with those loyal to king abdullah the violence was sparked after a partial parliamentary election results were announced they show the pro-government candidates will have seventy five percent of the seats
well still to come david cameron says he's not turning his back on europe speaking at the davos economic forum britain's prime minister rushes to calm the storm after you promised a referendum on whether the u.k. should leave the e.u. details after the break. wealthy british style. time to rise. markets why not going to. find out what's really happening to the global economy with my stronger for a no holds barred look at the global financial headlines tune into kinds a report on our. choose...
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Jan 25, 2013
01/13
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but this is not generally felt across davos. has been a lot of criticism -- there has been a lot of criticism about the bailout. >> i do not think that is the majority view. the mainstream view is the strategy is working with these elements. most people focus a lot the ecb has promised to do -- most people focus on what the ecb has promised to do. it has to be there as a credible possibility in case of need, but it has not been activated. the countries are able to tap the markets again. spain, portugal, and ireland have been in the markets in the last few days very successfully. non-domestic investors are coming back. they left last year. they're coming back because the adjustment is happening. >the glass is more than half full. >> thank you very much. we will be back later talking to the egyptian prime minister. stay with us for that. >> thank you. the australian government is warning its citizens not to travel to syria. it is estimated there are up to 300 australians in the country. the conflict is being played out close to ho
but this is not generally felt across davos. has been a lot of criticism -- there has been a lot of criticism about the bailout. >> i do not think that is the majority view. the mainstream view is the strategy is working with these elements. most people focus a lot the ecb has promised to do -- most people focus on what the ecb has promised to do. it has to be there as a credible possibility in case of need, but it has not been activated. the countries are able to tap the markets again....
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Jan 23, 2013
01/13
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CNBC
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ross is out in davos. chinese factories expected to churn out 10% more next year lower than the 14% gain in 2011. china's industrial company picked up in the fourth quarter as domestic demand made up for sagging exports. some european exports are saying any recovery probably won't translate into more orders for them from china until the second half of this year. just what do business executives think about the asian growth story? is it over? ross has more from davos. >>> yeah. well, they think, kelly, that there's still residual strength in asia and emerging economies. let's listen in. >> when accelerating investment in africa, in southeast asia, in china, we stepped up investment in the second half of last year. >> so primarily as we trend from an export-driven growth model to a more consumption-driven and domestic-driven model, i think they're doing reasonably well. >> the global growth markets are being driven by some fairly unstoppable forces like, for example, a young and growing population, rising co
ross is out in davos. chinese factories expected to churn out 10% more next year lower than the 14% gain in 2011. china's industrial company picked up in the fourth quarter as domestic demand made up for sagging exports. some european exports are saying any recovery probably won't translate into more orders for them from china until the second half of this year. just what do business executives think about the asian growth story? is it over? ross has more from davos. >>> yeah. well,...
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as business leaders get into the nitty gritty of the euro zone's financial plight in davos the push from the u.k.'s prime minister offering britain a say on exit in the euro is the issue causing tension i report on that in just a couple of minutes here on tape also struggling to dig themselves out of debt as payday loans cash strapped families with promises of instant money and other stories right after this break. well with. out of sight but still on our minds. let's try to live smarter with smartphones you never know what some people are hiding things can be sure to prove to the molecular level learned that what the doctor ordered is often based on secrets under our skin let us shine the light on a kid in the world. of. the future. me it is eve he. says. choose your language call it makoto in federal court today still some of the. treatments look the consensus get closer. to the opinions the bigger a couple of. the stories get in high winds chills the access to officers. least be cool language. programs and documentaries in arabic it's all here on. reporting from the world talks books
as business leaders get into the nitty gritty of the euro zone's financial plight in davos the push from the u.k.'s prime minister offering britain a say on exit in the euro is the issue causing tension i report on that in just a couple of minutes here on tape also struggling to dig themselves out of debt as payday loans cash strapped families with promises of instant money and other stories right after this break. well with. out of sight but still on our minds. let's try to live smarter with...
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Jan 23, 2013
01/13
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. >> political and business elite from rome world are gathering in the swiss town of davos for annual talks on the global economy. >> this year's meeting will look at ways of building growth and avoiding inflation anmid the debt crisis. >> a lot will be are the ticket in davos. many people will be looking towards it. >> unemployment around the world is likely to only get worse before it gets any better. >> for many, hopelessness has spilled into anchor. another trip to the employment office and another rejection. it is dramatic in countries like spain. they are raising the alarm. employment has skyrocketed. nearly 200 million people were without work get organization expects that number to increase by 5 million during the current year. the ilo says new jobs cannot be created because of the faltering economy and they are urging politicians to do more, for example implementing stimulus programs. >> they support training and retraining for young people in one of the groups hardest hit by the crisis. one-third of the 24 year old's have been without work for six months or longer. let them
. >> political and business elite from rome world are gathering in the swiss town of davos for annual talks on the global economy. >> this year's meeting will look at ways of building growth and avoiding inflation anmid the debt crisis. >> a lot will be are the ticket in davos. many people will be looking towards it. >> unemployment around the world is likely to only get worse before it gets any better. >> for many, hopelessness has spilled into anchor. another...
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Jan 24, 2013
01/13
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that have joined davos. and i spent an evening with them talking to all of them. i also moderated a session with them, with the international business council yesterday. and listening to those young courageous entrepreneurs, the way they look at the world, the way, what they're expecting from the world, what they're expecting from government, from business, is so encouraging because encouraging because what is -- what it shows is we've got so much to learn by listening to that group. >> i spoke to guy ryder earlier and he said when you look at the 50% plus unemployment levels like you've got in spain and greece for the youth levels, at some oint, that will lead to enormous social distress, uprising, protests or whatever will happen. how far away do you think we are from that happening? >> i don't know how far away, but i know we can't continue going forward with those unemployment rates. it's in and out just greece and spain. unemployment for the youth is higher than the general unemployment level everywhere
that have joined davos. and i spent an evening with them talking to all of them. i also moderated a session with them, with the international business council yesterday. and listening to those young courageous entrepreneurs, the way they look at the world, the way, what they're expecting from the world, what they're expecting from government, from business, is so encouraging because encouraging because what is -- what it shows is we've got so much to learn by listening to that group. >> i...
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Jan 23, 2013
01/13
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CNBC
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he is so davos. walking around there, someone asks him a question, one of his answer, he deserves to be there but he doesn't go. i don't understand. >> he should be. it's a long trip. he likes to fly coach. >> he's in newport beach. why leave newport beach, a good point. >> i'm pretty much with you. >> but you're there. thank thanks. >> we'll check back from andrew. joining us to talk about the tech titan's numbers is ben, and i know you've been predicting this was a downturn, inflection point for the shares of apple. is there anything you could hear on the conference call tonight that makes you think maybe it's time for the stock to turn back the other direction? >> we'd love to hear grandson margins are okay. -- hear gross margins are okay. and not to the down side. there have been those that rerate margins way down and shows it's the end. if apple can say gross margins can get back to 40ish type levels, i think investor confidence can come back to the to stock. >> isn't that a difficult situation
he is so davos. walking around there, someone asks him a question, one of his answer, he deserves to be there but he doesn't go. i don't understand. >> he should be. it's a long trip. he likes to fly coach. >> he's in newport beach. why leave newport beach, a good point. >> i'm pretty much with you. >> but you're there. thank thanks. >> we'll check back from andrew. joining us to talk about the tech titan's numbers is ben, and i know you've been predicting this was...
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in davos switzerland those currency all the most anticipated speech of the day they had to come from british prime minister david cameron after he announced a referendum on membership of the e.u. and his desire to win a new settlement for your opening credits of monti concessions from brussels as well but when he came face to face with the leaders interestingly he seemed to think black's tracks like he was soft and his approach and he said he was no way turning his back on year although he was trying as did the audience away from the topic because his speech was actually focused on tax transparency to cut down on the void and some of what he wanted to talk about with the rest of the financial ministers here in davos they just wanted to talk about the referendum we also had angle of merkel the german chancellor she took to the mike and she was talking about structural reforms and she spoke about her concern as well to do with the spanish unemployment rate now sitting at sixty percent she was concerned with that we also had to look at the brics countries as well as women's role in the
in davos switzerland those currency all the most anticipated speech of the day they had to come from british prime minister david cameron after he announced a referendum on membership of the e.u. and his desire to win a new settlement for your opening credits of monti concessions from brussels as well but when he came face to face with the leaders interestingly he seemed to think black's tracks like he was soft and his approach and he said he was no way turning his back on year although he was...
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Jan 25, 2013
01/13
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CNBC
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more to come here in davos, as well. we'll be joined by at the u economics affairs commissioner, olli rein. "worldwide exchange" comes right back after this. >>> it's a step closer to recession for the uk economy in the fourth quarter. britain has showed a ladies and gentlemen of the jury than expected contraction. a decline of 0.3% in the final three months of the year. .that was more than the 0.1% decline that was expected by economists. now, markets and the euro and sterling to some extent shaking it off. nevertheless, concerns remain, ross, about whether the policies of got have embarked on are the right fit for britain. >> absolutely. and it will mean the headline writers will be talking about the prospect of a triple dip reception. negative growth for that and it will power the pressure as you rightly say, kelly, on the finances of the uk. something that will make george osborne the chancellor even more uncomfortable. maria caught up with him before these figures were announced. here is ae recap of that. >> we have
more to come here in davos, as well. we'll be joined by at the u economics affairs commissioner, olli rein. "worldwide exchange" comes right back after this. >>> it's a step closer to recession for the uk economy in the fourth quarter. britain has showed a ladies and gentlemen of the jury than expected contraction. a decline of 0.3% in the final three months of the year. .that was more than the 0.1% decline that was expected by economists. now, markets and the euro and...
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the euro zone's point will be the subject to close proceedings in the plush surroundings of davos it comes amid wide to turn around europe as the u.k. prime minister tries to smooth ties with his e.u. partners they've been angered by his promise to let britain hold a referendum on was a to leave the union and his case if it is following the world economic forum for us case here very nice to see you so what's giving the delegates a headache in davos on their last day. well aside from too much champagne i would suspect we've got president mario draghi he is going to be speaking today he would take to the stage and address the current issues in europe particularly to do with inside tonight growth this comes a day after prime minister david cameron from britain he was talking about how to deal with tax avoiders and also we had german chancellor angela merkel she was saying there can be no leeway and no let up in the spending cuts despite european union's warning that there is social unrest in the likes of greece and also her homeland as well germany where people to have been protesting a
the euro zone's point will be the subject to close proceedings in the plush surroundings of davos it comes amid wide to turn around europe as the u.k. prime minister tries to smooth ties with his e.u. partners they've been angered by his promise to let britain hold a referendum on was a to leave the union and his case if it is following the world economic forum for us case here very nice to see you so what's giving the delegates a headache in davos on their last day. well aside from too much...
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here with me rory sushi zones plight is the subject to close proceedings in the plus surroundings of davos it comes amid wide attention in europe as the u.k. prime minister tries to smooth over times with his e.u. partners they've been moderately angered by his promise to let britain hold a referendum. economic forum for us we've got the e.c.b. president mario draghi he has taken to the stage to address europe's current issues which includes stagnates growth this comes a day after prime minister david cameron from britain he was talking about how to do with tax avoiders and also we had german chancellor angela merkel she was saying there can be no only way and no letup in the spending cuts despite european union warning that there is social unrest in the likes of greece and also her homeland as well germany where people to have been protesting against wages now the spades unemployment rate for the youth will sixty percent that's really sent shivers down the spines here in davos yesterday and that was another issue and today we're also going to be talking about own breasts in the arab world
here with me rory sushi zones plight is the subject to close proceedings in the plus surroundings of davos it comes amid wide attention in europe as the u.k. prime minister tries to smooth over times with his e.u. partners they've been moderately angered by his promise to let britain hold a referendum. economic forum for us we've got the e.c.b. president mario draghi he has taken to the stage to address europe's current issues which includes stagnates growth this comes a day after prime...
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Jan 24, 2013
01/13
by
CNBC
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he says that and a lot more when maria speaks to him from davos. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#: 1-800-345-2550 plus, i can talk to their global specialists 24/7. tdd
he says that and a lot more when maria speaks to him from davos. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade...
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Jan 24, 2013
01/13
by
CNBC
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and what happened in davos should probably stay in davos, but nonetheless, for yao viewing pleasure, here it is. we're here in davos for our first stop. what do we need to do? we have to get decked out in the right gear. hi. how are you doing? >> i'm fine, thank you. >> i'm going skiing, cross-country skiing for the first time ever. wa do i need to wear? okay. so we're all suited up and ready to go. i'm andrew. >> hi. i'm yen. >> thank you for doing this. this is the line, right here. three, two, one. i'm catching up. >> okay. so you beat me. thank you for that. >> well, there it is. the whole production crew was laughing at me here, so i don't know what's going on back in new york, but that fall was -- that was a pretty bad tall. anyway, that's what's going on here. quick -- joe, i'm surprised there has not been some kind of commentary at this point. >> i had actual questions because i've never done it. with regular skis on, there are times where you need to do that sort of hockey -- >> i hate that. >> and it looks harder. >> do the triangle. >> it looks harder to do with your heels
and what happened in davos should probably stay in davos, but nonetheless, for yao viewing pleasure, here it is. we're here in davos for our first stop. what do we need to do? we have to get decked out in the right gear. hi. how are you doing? >> i'm fine, thank you. >> i'm going skiing, cross-country skiing for the first time ever. wa do i need to wear? okay. so we're all suited up and ready to go. i'm andrew. >> hi. i'm yen. >> thank you for doing this. this is the...
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Jan 24, 2013
01/13
by
FBC
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>> liz claman's at the world economic forum in davos. as we go to break, take a look at the ten year treasury. ♪ [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ ♪ >> tracy burn with the fox nominating mary jo white to lead the securities commission. she was the first woman to serve as the u.s. attorney in manhattan, and if confirmed by the senate, she'll become the first prosecutor to head the fcc. the president is set to announce the nomination in a ceremony at 2:30 p.m. eastern. mortgage rates hitting a four-month high, according to freddy mack, the average rate is 3.42%. consider this when planning the next trip. china airlines, pam airline, and air india, the most dangerous airlines in the world according to the crash data evaluation center. that calculates rankings based on aircraft loss a
>> liz claman's at the world economic forum in davos. as we go to break, take a look at the ten year treasury. ♪ [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ ♪ >> tracy burn with the fox nominating mary jo white to lead the securities...
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spotlight at the world's a business and political elite who have converged on the swiss ski resort of davos for the annual financial forum he's kitty pilgrim is following the second day of the all the fancy gathering. it's politics that is the focus of policy by kids german chancellor angela merkel on the team the fleas mario monti and the e.c.b. president are they said ok only head discussing a strategy to pull europe out of the long running economic crisis is now the most anticipated speech of the day they had to come from british prime minister david cameron of the he announced a referendum on membership of the e.u. and his desire to win a new settlement for europe anybody's monti concessions from brussels as well but today when he came face to face with the leaders interestingly he seemed to blacks tracks like he was softer and his approach nice said he was no why you turning his back on europe although he was was did you know it is away from the topic because his speech was that she focused on tax transparency to calm down on avoidance that's what he wanted to talk about but the rest o
spotlight at the world's a business and political elite who have converged on the swiss ski resort of davos for the annual financial forum he's kitty pilgrim is following the second day of the all the fancy gathering. it's politics that is the focus of policy by kids german chancellor angela merkel on the team the fleas mario monti and the e.c.b. president are they said ok only head discussing a strategy to pull europe out of the long running economic crisis is now the most anticipated speech...
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Jan 18, 2013
01/13
by
FBC
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flying over to davos which is tiny alpine village. i will not go into the single prop. bill gates will be joining us. bill gates of bill and melinda gates foundation. along with mike car kent, coca-cola chairman and ceo. this is from last year. we were talking about big thinking last year. carlos ghosn, nissan motor chairman. those are the gloves. we gave fox business gloves and coca-cola gloves. there is carlos ghosn. david: we have coca-cola gloves? i don't understand. liz: i didn't get a pair. bain & company chairwoman. arne sorenson, marriott international ceo. these are some of the people. no, that mountain is not photo shopped. david: what else will you be doing? liz: everything. david: everything? liz: we have so many guests. we have more than 30 guests. davos switzerland, the world economic forum where people come and big news is made and all the leaders will be speaking with fox business. join us. coverage begins on wednesday. david: meanwhile we have a lot happening next week. there is of course on monday is the inauguration of the president. we'll cover it he
flying over to davos which is tiny alpine village. i will not go into the single prop. bill gates will be joining us. bill gates of bill and melinda gates foundation. along with mike car kent, coca-cola chairman and ceo. this is from last year. we were talking about big thinking last year. carlos ghosn, nissan motor chairman. those are the gloves. we gave fox business gloves and coca-cola gloves. there is carlos ghosn. david: we have coca-cola gloves? i don't understand. liz: i didn't get a...
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down on avoidance was what he wanted to talk about but the rest of the financial ministers here in davos they just wanted to talk about the referendum. catalonia has adopted a declaration of sovereignty a proclamation that gives it the right to hold a referendum on breaking away from spain the madrid is on the sway discharging like illegality and maintaining it's not up to catalans alone to decide if they want to leave but a matter for all the spaniards because their course she's a sociologist at the pump of public university says that's little more than an excuse. well it's definitely unlawful i mean it's awful against the constitution the question is also you know how many people in spain right now. are really behind this constitution and when when does this constitution actually mean anything the constitution also guaranteed a right for instance to decent housing and yet we find that you know hundreds of people are being are being kicked out of their homes day and being left out in the street all over spain and in catalonia so you know the constitution a lot of the times serves to i g
down on avoidance was what he wanted to talk about but the rest of the financial ministers here in davos they just wanted to talk about the referendum. catalonia has adopted a declaration of sovereignty a proclamation that gives it the right to hold a referendum on breaking away from spain the madrid is on the sway discharging like illegality and maintaining it's not up to catalans alone to decide if they want to leave but a matter for all the spaniards because their course she's a sociologist...
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Jan 24, 2013
01/13
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FBC
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stay tuned the world economic forum in davos. liz claman goes on one on with the ceo of coca-cola mukhtar kent and. and merck chairman, ken frazier with scottrade's smart i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. voted "best investment services company." [ male announcer ] to hold a patent that has changed the modern world... would define you as an innovator. to hold more than one patent of this caliber... would define you as a true leader. ♪ to hold over 80,000... well, that would make you... the creators of the 2013 mercedes-benz e-class... quite possibly the most advanced luxury sedan ever. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services.
stay tuned the world economic forum in davos. liz claman goes on one on with the ceo of coca-cola mukhtar kent and. and merck chairman, ken frazier with scottrade's smart i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. voted "best...
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Jan 28, 2013
01/13
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you're very close to davos. i don't know. we -- i don't really feel like i've missed anything, really. but you're still close. you could have jetted over there easily and joined in with, you know, john legend and charlie thero this e, andrew ross sorkin. >> i was hoping maybe some of those people would use it as an excuse to come through london. ross westgate has been away at davos covering the event. he'll be back tomorrow. i've been holding down the ship in the meantime. i think you get more out of it if you're there, but if you missed it, you're kind of like, yeah, life goes on. we're down by 0.04%. what's interesting is the extend to which people are talking about the rally over here, driven by the same kind of positive mood fundamentals if you want to call it that that's underpinning the rally for u.s. equities. you can take a look at the major indexes, but we're not seeing too much move. the dax, a little lower. but the ftse higher. so you can see there's not a ton of conviction here in these markets. part of it is that
you're very close to davos. i don't know. we -- i don't really feel like i've missed anything, really. but you're still close. you could have jetted over there easily and joined in with, you know, john legend and charlie thero this e, andrew ross sorkin. >> i was hoping maybe some of those people would use it as an excuse to come through london. ross westgate has been away at davos covering the event. he'll be back tomorrow. i've been holding down the ship in the meantime. i think you get...
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this was in davos? >> in davos on friday. and like steve -- stevel ly ees who had play on thursday night, i'm a tech phobe. user experience is all i care about. the blackberries i had liked because of the keypad. i thought it was a good e-mail machine. everything else i don't particularly like. and it is a very cool operating system. and -- >> doesn't have a keyboard, right? >> they are going to do two. one with a keyboard, one without. the one with the keyboard is coming out a month later. >> that's the one -- >> actually, the thing about it is, you can do it on one hand. it learns the prescriptive -- what do you call that when -- you type something in and predict it -- >> predictive. >> the predictive script or texting. i don't know what i'm talking about. the predictive scripting, it learns your -- >> i think that's freaky. i'm sorry. >> after a month it gets -- >> it is clever/scary. >>> will you buy the blackberry 10? more later. we want to know in the meantime if you're planning to buy one of the new devices, e-mail us
this was in davos? >> in davos on friday. and like steve -- stevel ly ees who had play on thursday night, i'm a tech phobe. user experience is all i care about. the blackberries i had liked because of the keypad. i thought it was a good e-mail machine. everything else i don't particularly like. and it is a very cool operating system. and -- >> doesn't have a keyboard, right? >> they are going to do two. one with a keyboard, one without. the one with the keyboard is coming out...
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Jan 29, 2013
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car carolin, it's not so far to go, frankly, from davos to zurich. >> absolutely. that's what mark carney, the chairman -- no. but that's exactly what he did. he probably took the trade, maybe took the helicopter, we don't know that. but it's a two-hour ride on the train, i can tell you that. anyway, he's the chairman of the financial stability board and the financial stability board met in zurich yesterday to talk about the banking sector, to talk about ogc derivative rules. but i wanted to know from mr. carney whether he -- during his time in davos felt any sense of complacency on part of european policymakers given that markets are trading at multi year highs and risk premiums have come down. >> i wouldn't say that there is a sense of complacency amongst policymakers. and that i'd say on the basis of both private discussions in davos and the public points that were made by christine legarde, for example, ignacio fisco. i'm not sure i heard a public policymaker exhibit those signs which is a good things. because while tail risks have been reduced, extreme negativ
car carolin, it's not so far to go, frankly, from davos to zurich. >> absolutely. that's what mark carney, the chairman -- no. but that's exactly what he did. he probably took the trade, maybe took the helicopter, we don't know that. but it's a two-hour ride on the train, i can tell you that. anyway, he's the chairman of the financial stability board and the financial stability board met in zurich yesterday to talk about the banking sector, to talk about ogc derivative rules. but i wanted...
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Jan 21, 2013
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we ask, is davos the place for responsible capitalism or snow polo for the super rich? pippa, what do you think? snow po snow polo? >> there's a fair amount of snow polo. >> are you going? >> no. it is about a lot of press conferences. it's about people showboating and stuff. and is it a place where there's any solution to all the issues that we're talking about or that your audience cares about? no. that's not where it's going to happen. >> we will hold out hope that this year is going to be different. ross westgate is there. pippa will stick around. up next on the program, is the outcome of elections in the lower state of saxony a barometer for this year's success? we'll find out. what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. >>> welcome back to "worldwide exchange." these
we ask, is davos the place for responsible capitalism or snow polo for the super rich? pippa, what do you think? snow po snow polo? >> there's a fair amount of snow polo. >> are you going? >> no. it is about a lot of press conferences. it's about people showboating and stuff. and is it a place where there's any solution to all the issues that we're talking about or that your audience cares about? no. that's not where it's going to happen. >> we will hold out hope that...
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Jan 23, 2013
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maria in davos. the house planning to vote on the debt limit in the next hour, but some conservatives are waging a last-minute battle to defeat the proposal. republican member of the house ways and means can go, congressman aaron schock will join us live a little later on. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific
maria in davos. the house planning to vote on the debt limit in the next hour, but some conservatives are waging a last-minute battle to defeat the proposal. republican member of the house ways and means can go, congressman aaron schock will join us live a little later on. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then...
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Jan 22, 2013
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. >>> ross westgate is in davos. in the meantime, big news out overnight, this one for global markets. the bank of japan delivered what markets had been banking on with a joint commitment to double its inflation target to 2%. it says it will buy $145 billion of assets each month starting in 2014 with no set deadline to finish the purchases. all that said, the yen is strengthening this morninfor mot be disappointed, let's get straight out tore kaori enjoji. we're seeing again in markets a little disappointment. did the boj not fully deliver here? >> i don't think so. i don't think that's the right interpretation at all. i think this was an exercise in showing that the government and the bank of japan, the central bank are on the same page. they certainly delivered that. i think the fact that it's an open-ended asset purchase program, it was more than what the markets had been factoring in. i think the dollar/yen moves are sort of moving independently right now. and i think a lot of that has to do with the comments tha
. >>> ross westgate is in davos. in the meantime, big news out overnight, this one for global markets. the bank of japan delivered what markets had been banking on with a joint commitment to double its inflation target to 2%. it says it will buy $145 billion of assets each month starting in 2014 with no set deadline to finish the purchases. all that said, the yen is strengthening this morninfor mot be disappointed, let's get straight out tore kaori enjoji. we're seeing again in markets...
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down and avoided some of what he wanted to talk about but the rest of the financial ministers area in davos that is what it's all about the referendum. would be in the team in health enough no in the meantime coming next on the break it's the kaiser report stay with us so that. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realized everything you thought you knew you don't know i'm tom parker parker the big picture. choose your language. clearly we can we know if you're going to go on a special someone. said. she was going to consent. to use the typical rate to. choose the stories but in. truth you access to. wealthy british style. markets. find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune into a report on. what the cows report. has or what exactly is in the british beef burger apparently all out of horse. and boy oh boy are there british shot. horrified what about.
down and avoided some of what he wanted to talk about but the rest of the financial ministers area in davos that is what it's all about the referendum. would be in the team in health enough no in the meantime coming next on the break it's the kaiser report stay with us so that. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realized everything you thought you knew you don't know i'm tom...
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Jan 31, 2013
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. >> in davos, it was said taking a look at the global banking sector and if you're going to invest in banks, you invest in the big guys in each market. despite the fact that today deutsche and santander seem to have issues, if you are going to invest in banks in those countries, the big companies are the ones to buy. >> absolutely. these are just the earnings today. as i say, these two banks have tried to portray 2012 as, you know, the past, the old problems, and drawing a line under that and saying, look, this is the capital we've got. this is how we're prepared for 2013. santander's ceo even going as far as saying there will be report results or very rewarding results in 2013. >> and you can see investors looking through what they're saying at santander and what deutsche bank has to say. olly, thank you for coming by. sylvia, really appreciate it, as well. jemma will stay with us. we'll have the ceo on later today. if you have any questions, send them in. e-mail us, worldwide@cnbc.com. tweet us, @cnbcwex. plenty more to come on the program. >> all right. here we are. just over an ho
. >> in davos, it was said taking a look at the global banking sector and if you're going to invest in banks, you invest in the big guys in each market. despite the fact that today deutsche and santander seem to have issues, if you are going to invest in banks in those countries, the big companies are the ones to buy. >> absolutely. these are just the earnings today. as i say, these two banks have tried to portray 2012 as, you know, the past, the old problems, and drawing a line...
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Jan 22, 2013
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also, davos happening. you never know what could come from the other side of the planet. >> a lot of hitters there. periodically getting a new story. we have maria over there, and steve liesman, i mean, it's really -- we're bringing out the big guns. we've got the bazookas there. >> yes, we do. yes, we do. >> it's big. >> it is big. a couple of years ago is when the arab springs started, we were in davos. >> that's right. >> all right. microsoft's there. bombers under fire again. he's under fire constantly. >> it's been a long time. >> let's get a look at the opening bell here in a few seconds. the s&p, as you know, an interesting day, a bit of a run-up here on friday afternoon. let's see how that translates into today's session. at the big board, celebrating the ipo which happens on friday. nasdaq, another ipo from friday, a global enterprise center provider. among the more interesting stories in the papers today, david, deconstruction of what led to the autonomy. interesting color. >> those are always fas
also, davos happening. you never know what could come from the other side of the planet. >> a lot of hitters there. periodically getting a new story. we have maria over there, and steve liesman, i mean, it's really -- we're bringing out the big guns. we've got the bazookas there. >> yes, we do. yes, we do. >> it's big. >> it is big. a couple of years ago is when the arab springs started, we were in davos. >> that's right. >> all right. microsoft's there....
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Jan 28, 2013
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>> i have some meetings here on my way back from davos, kelly. we missed you in davos with the rest of the team there. >> i know. i wonder if they didn't send you over there to try and get a read as to why the french wanted the british to leave the eu or something. >> i'll take some informal polling on the street. >> could you please, we appreciate that. in the meantime, let's talk about what's happening in the u.s. have people been overlooking the likelihood of a sequester happening? >> yeah, i think so. look, i feel like we've gone through a period of, where the sentiment was very much on the conservative side, concern and risk and now we went through a little bit of a period where people are overlooking some of the riskes and not recognizing that we're going to have these things to deal with this year. so really an important transition year. in the u.s., we're dealing with the debt. i think we're going to get through this in the spring. but if you look at governments all the way, you know, across the globe from japan, china, europe and in the
>> i have some meetings here on my way back from davos, kelly. we missed you in davos with the rest of the team there. >> i know. i wonder if they didn't send you over there to try and get a read as to why the french wanted the british to leave the eu or something. >> i'll take some informal polling on the street. >> could you please, we appreciate that. in the meantime, let's talk about what's happening in the u.s. have people been overlooking the likelihood of a...
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we have davos covered all week long. you will not want to miss a minute with liz claman. she sits down with richard gelfond, imac ceo. that is right here on fox business. she has a slew of guests. all the all-stars. lori: want to take a trip to a warmer climate? southwest airlines announcing well, it might cost you a little more especially if you want to board early. a $40 fee guaranties passengers get to be one of the first 15 people in line to board. travelers who want to be first on the plane can purchase the option at the gate up to 45 minutes before boarding. but space is limited. only 15 of these early passes will be sold. southwest, the nation's most popular domestic airline already charges $10 for early bird check-in service but early bird service improves your spot in the boarding queue. doesn't guaranty a specific spot like the fee will and grab your you stuff. get out to vegas and get to the craps. melissa: have you flown southwest? so competitive. get there and -- very stressful. lori: a little like cattle. but you get to the fun desnations. melissa: i guess o
we have davos covered all week long. you will not want to miss a minute with liz claman. she sits down with richard gelfond, imac ceo. that is right here on fox business. she has a slew of guests. all the all-stars. lori: want to take a trip to a warmer climate? southwest airlines announcing well, it might cost you a little more especially if you want to board early. a $40 fee guaranties passengers get to be one of the first 15 people in line to board. travelers who want to be first on the...
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[inaudible conversations] >> now, more from the world economic forum in davos, switzerland. the heads of government from egypt, libya, lebanon and the palestinian authority last week discussed the political and social challenges facing the region. this is just over an hour. mach knox. [inaudible conversations] >> ladies and gentlemen, ladies and gentlemen, welcome. i suppose one should say in traditional british style, one would have to say, my lords, ladies and gentlemen, because i see the prince in the front row. it's a great pleasure to have you all here. .. we need the cameras to stop once we start, please. we will have the conversation and then we will take a few questions from the floor. i want to warn you in advance since this is being taped, i ask you please to remember that you are asking a question which means it should be brief and it should be an actual question. if like to make a statement or speech there are many other opportunities at the world economic forum. this is not one of them. so with that, i want to welcome everybody to this as i say extraordinary pan
[inaudible conversations] >> now, more from the world economic forum in davos, switzerland. the heads of government from egypt, libya, lebanon and the palestinian authority last week discussed the political and social challenges facing the region. this is just over an hour. mach knox. [inaudible conversations] >> ladies and gentlemen, ladies and gentlemen, welcome. i suppose one should say in traditional british style, one would have to say, my lords, ladies and gentlemen, because i...
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Jan 25, 2013
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. >>> ali velshi has been at the world economic forum in davos, switzerland, this week. that's where they talk about big ideas, high up in the swiss alps. today, ali spoke with tom donahue, head of the u.s. chamber of commerce, powerful big business lobby that clashed repeatedly with president obama during his first term in office. >> tom, so much has happened with you in the last few years. you have been a force to reckon with for this administration. and in fact you sort of went down some paths to not see them re-elected, they got re-elected. what is your relationship with the president and the administration going to be? >> first of all, we have nothing to do with presidential elections. we have involved ourselves in senatorial and other elections. our relationship with the white house is very broad. we have helped them on many issues. we have opposed them on issues. we're work closely with treasury and omb and others and from time to time, with people directly in the -- >> would you say it's good? >> i would say i have to deal with the white house, we have the americ
. >>> ali velshi has been at the world economic forum in davos, switzerland, this week. that's where they talk about big ideas, high up in the swiss alps. today, ali spoke with tom donahue, head of the u.s. chamber of commerce, powerful big business lobby that clashed repeatedly with president obama during his first term in office. >> tom, so much has happened with you in the last few years. you have been a force to reckon with for this administration. and in fact you sort of...